Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,437)
  • Analysis (1,620)
  • Bitcoin (2,209)
  • Blockchain (1,302)
  • DeFi (1,525)
  • Ethereum (1,502)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,567)
  • Press Releases (2)
  • Reddit (859)
  • Regulation (1,466)
  • Security (2,090)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • AMA with Obyte, a DAG based OG crypto
  • ETF giants hold 6% of Bitcoin – but BTC at $ 73,000 could break their patience
  • The return of Tron is 2 major challenges! What is the road to TRX to come?
  • Robinhood deploys the XRP microphone, Solana Futures according to the queue
  • The best cryptos to invest in the short term: a deep dive in the last 4 opportunities
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»DeFi»DTX Exchange Makes History With Listings as DeFi Protocol Takes Over Cardano and Aave
DeFi

DTX Exchange Makes History With Listings as DeFi Protocol Takes Over Cardano and Aave

August 8, 2024No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Dtx Exchange 50.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


DTX Exchange, after raising $1 million in a short span of time, has made history again with over 12,000 registrations just after its launch in two months. Traders and investors are massively registering on the platform, which is the first hybrid exchange.

Cardano (ADA) and Aave (AAVE) investors have been flocking to DTX Exchange following the report. Another reason for Cardano (ADA) and Aave (AAVE)’s move is the overall market condition, but DTX Exchange is leading the way by increasing 100% in the past month from $0.02 to its current level of $0.04.

Cardano (ADA) Rejects Lower Levels

The bearish strength of the market is evident after the anticipation of a recession. Most cryptocurrencies are trading near the lows, but Cardano (ADA) has been rejected from lower levels and has climbed about 10% from the low. Cardano (ADA) hit the low of $0.2774 but is now trading at the $0.3104 level.

Cardano (ADA) price is attempting to hold above the $0.32 support level. If Cardano (ADA) price rebounds from this level, we can potentially see a double bottom and the start of a new uptrend.

Aave (AAVE) Gains $6 Million on Market Correction

On Monday, decentralized finance (DeFi) protocol Aave (AAVE) made headlines by generating $6 million in revenue during a dramatic drop in the cryptocurrency market. Despite the overall market meltdown, Aave (AAVE) has shown resilience.

Aave (AAVE) Protocol Withstood Stress in 14 Active Markets Across Layer 1 and Layer 2 Solutions, Achieving $21 Billion in Value. Aave (AAVE) Founder Stani Kulechov highlighted the platform’s performance on X, saying: “Aave (AAVE) Protocol withstood market stress in 14 active markets across Layer 1 and Layer 2 solutions, achieving $21 Billion in value.”

DTX Exchange Makes History with Over 12,000 Listings

The strong demand for DTX Exchange’s presale highlights the growing strength of the cryptocurrency market. Cardano (ADA) and Aave (AAVE) investors are adding DTX Exchange to diversify their portfolios, while other coin holders have sold their positions due to price weakness.

The platform supports quantitative and algorithmic trading with advanced tools and APIs for automated strategies. These features enable traders to capitalize on market inefficiencies with unmatched efficiency and accuracy, improving their trading performance.

DTX Exchange addresses traders’ leverage and speed concerns, offering lightning-fast execution speeds averaging 0.04 seconds. This allows traders to quickly seize market opportunities and stay ahead of the competition in the fast-paced trading world.

The platform has seen impressive growth, raising over $2 million in a private funding round and over $1 million in the presale. Early investors see growing potential, with the token currently priced at $0.04 and expected to increase to $0.12 at launch.

Learn more:

Visit the DTX Presale

Read the white paper

Join the DTX community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of the materials contained in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWhat is it, how does it work, safety
Next Article Cryptocurrency selloff is first major market test for new Bitcoin and Ether spot ETFs

Related Posts

DeFi

Fragmented liquidity is the central risk of scalability of DEFI.

June 27, 2025
DeFi

Coinbase extends the basic network with ADA and LTC packaged tokens

June 27, 2025
DeFi

Defi Stablecoin Lending Protocol Rehaly Hit with $ 9.3 million feat – DL News

June 27, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

The return of Tron is 2 major challenges! What is the road to TRX to come?

June 27, 2025

The financial giant JPMorgan to launch a deposit token supported by the USD on the base while the scaler layer-2 of Coinbase deploys the care of Cardano and Litecoin

June 27, 2025

Ripple Tape against the green hole to connect Xrp Ledger with 35+ Blockchains – Entrant XRP rally?

June 27, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,237.73
ethereum
Ethereum (ETH) $ 2,423.48
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.15
bnb
BNB (BNB) $ 646.99
solana
Solana (SOL) $ 142.89
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273192
dogecoin
Dogecoin (DOGE) $ 0.161304
staked-ether
Lido Staked Ether (STETH) $ 2,422.71